Market Update
Red Mark continues today
The Sensex is down 55.43 points or 0.2% at 23136.54 and the Nifty slips 15.85 points or 0.2% at 7032.40. About 280 shares have advanced, 348 shares declined, and 46 shares remain unchanged.
Top Gainers : Dr Reddy's Labs, Sun Pharma, GAIL, NTPC and Infosys
Losers: SBI, BHEL, Hindalco, Bharti Airtel and Tata Steel are losers
The Indian rupee opened at 68.49 per dollar versus 68.37 Tuesday. Dollar rose against most major currencies. Global benchmark Brent finished the US session down 3.6% at USD 32.18 a barrel. Oil prices briefly increased in the overnight session after Saudi Arabia, Russia, Qatar and Venezuela said they would lead an effort to freeze output at January levels, dashing hopes of a cut in production.And this may directly affect the oil prices worldwide.
Top picks for today :Ultratech Cement,Bharat Electronics,and LIC Housing
Sensex and nifty represents the index of two exchange of Indian stock market. Traders understands there movements so as to make their trading decision. Even researchers study their behavior and then recommend stock tips which ensure profitability of trader.
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